People Moves
The foundation is searching for an investment operations manager to oversee the operational, reporting, treasury and administrative functions that support its endowment.
The team joins the firm from CastleArk Management.
The foundation will promote two of its managing directors to the roles of cio and deputy cio as its investment head is leaving to pursue a new opportunity in their hometown of Pittsburgh.
The plan named its next executive director from within its executive staff.
Sean Ruhmann has joined Intercontinental Real Estate Corporation as coo, with the expectation of growing into the president role over time.
The associate will support the firm’s private markets investment platform.
The pension plan’s deputy cio will also retire next month after a decade in the role.
The firm hired an investment consultant on its endowments and foundations team in July to advise on investment objectives, investment policy, asset allocation and manager selection.
The resignation comes after alleged improper campaign contributions and improper spending.
The senior investment analyst will help manage real assets and hedge fund exposures within the university’s endowment as the previous analyst is now covering buyout and growth investments.